| Making Pensions Simpler |
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| Written by Philip Booth & Terry Arthur (2002) | |
| Friday, 22 November 2002 | |
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Abolition of all benefit and contribution limits, except those on lump sums would produce a massive simplification of the non state pension sector. With little or no scope for abuse, given the recent erosion of pension tax privileges. But real simplification is possible only within the context of broader reforms of anomalies and complexities in the tax system, in how different pension schemes are treated, and in the relationship between pensions and the structure of social benefits. This report shows how. |
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